A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for SBA Communications
Our trading algorithm values SBA Communications (SBAC) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $249.75 |
| 60 Day Prediction | $247.15 |
| 60 Day Pred - Lower Bound | $232.76 |
| 60 Day Pred - Upper Bound | $261.51 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.105 * nr_days_in_the_future + 250.287
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
SBAC traded at $249.75 this Friday October 14th, loosing $-6.7 or -2.682687570382883 percent since last week.
Looking back, over the last month, SBAC has been loosing $-61.87 or -24.772770817692695 percent.
Over the last year, it has been loosing $-82.43 or -33.00500207238489 percent.
Seasonality of SBA Communications
Using our AI model, we have been analyzing the value change for SBA Communications depending on the day or month of a year. This can be seen in the following graph:
